Search results for "AF1"
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Learning About Corporation Tax
Whereas individuals pay income tax and capital gains tax on their income and gains respectively, UK resident limited companies and other organisations such as clubs, societies, and associations pay just corporation tax, on both. This article discusses corporation tax and is useful reading for those preparing for the CII R03 or AF1 exams. -
What is the remittance basis of taxation?
The remittance basis are the alternative tax rules in place for those people who are UK-resident with overseas income and gains but are not classed as UK-domiciled. This article will be of interest to those studying for any of the CII R03, R06, AF1 or AF5 exams. -
Brand Bitesize: Taxation of Dividends
In this Brand Bitesize video, we show you how dividend income is taxed. This could be useful for anyone, sitting the R02, R03, R06, J02, AF1, AF4, or AF5 exams, who might need a quick refresher on the basics of dividend taxation. -
The Capital Gains Tax (CGT) annual exempt amount falls
In this article, we look at the financial implications of the cuts to the CGT annual exempt amount as well as some ideas to potentially mitigate their effects. This is useful reading for CII R02, R03, R06, AF1, AF4, and AF5 exam revision. -
The Financial Implications of the Cuts to the Dividend Allowance
In this article, we look at the financial implications of the cuts to Dividend Allowance as well as some ideas to potentially mitigate their effects. This is useful reading for CII R02, R03, R06, AF1, AF4, and AF5 exam revision. -
How to Answer Factors-Type Questions on your CII AF Exam
With some of the CII’s advanced papers, we have noticed that a particular style of question often appears, where candidates need to identify and explain relevant ‘factors’. Here, you will learn how best to approach this sort of question as you prepare for your exam. In the AF1 October exam, this question appeared: ‘State the factors specific to Brian and […] -
Brand Bitesize: Transfers into Discretionary Trusts
In this Brand Bitesize video, we take a look at how transfers into discretionary trusts work in practice when either the trustees or the settlor pays the tax due. This could be useful for anyone studying for the CII's R03, J02, or AF1 exams. It could potentially appear on the R06 and AF5 exams as well. -
How to Tackle NIC Questions on your CII Exam
This week we are looking at National Insurance Contributions for employers and employees - useful reading for those studying for any of the CII CF1, R03, R04, R06, AF1 or AF5 exams. -
9 Ways to Increase Your Chances of Passing Your CII Written Exam
With some written exams back on track for July and the rest in October, it’s time to think about exam technique and how to give yourself the best chance of receiving the marks on offer. -
How to Use the 6 Steps to Calculate Income Tax
Previously, we went through the six steps to working out someone’s income tax liability; this week we are putting these six steps into practice – of interest to those studying for any of the CII R06, AF1 or AF5 exams. This article is relevant to examinable tax year 2016/17. You can find our previous post (complete with useful infographic) here. […] -
National Insurance Contributions for the Self-Employed
National Insurance Contributions (NICs) are covered in many CII exams including CF1, R01, R03 and AF1. Here, we look at the NIC liabilities, including a calculation, for a sole trader. -
The CGT Consequences of Asset Disposals Between Spouses
This article discusses an area that often comes up in the CII multiple-choice and written exams: the capital gains tax consequences of disposals between spouses and civil partners - of interest to those studying for any of the CII AF1, AF2, AF4, AF5, CF1, J03, R03 or R06 exams. -
Brand Bitesize: Self-Assessment
In this Brand Bitesize video, we take a look at self-assessment – relevant to CII exam R03, but also a worthy reminder for exams AF1, AF5, CF1, R01, R04, and R06.